A new proposed private hospital in the Free State town of Parys may be just the catalyst the town needs to retain its aged population as well as attract new developers and home buyers.
“There is a proposed private hospital in the pipeline which we believe will make a huge difference to the Parys area as the closest medical facility of this nature is currently about 50km away and is the reason why many elderly people relocate,” said Phil Medlock, Pam Golding Properties area principal in Parys and Sasolburg. “The Parys property market has always been active but recently is attracting people looking not only for a weekend lock-up-and-go property, but also on a permanent basis, either to retire or to commute to the office in Johannesburg or the greater Vaal Triangle area.”
Parys is 1.5 hours away from Sandton, and currently the closest private hospital is Netcare Vaalpark Hospital in Sasolburg, which makes this announcement very significant.
Browsing property in the town reveals a wide range of affordable options, with freestanding, three-bedroom suburban homes selling for less than R1m.
“Parys certainly ticks all the boxes. It has a number of housing options from secure complexes and golf estates to freestanding homes, while period homes are highly sought after with many featuring original wooden floors and pressed ceilings and dating back to the early 1900s,” said Medlock. “Pricing starts at around R450,000 for three-bedroom, two-bathroom freestanding houses in town, or two-bedroom two-bathroom units in complexes. Property prices on the golf estates start at R250,000 for stands measuring from 600m² to three-bedroom houses from R2,5m.”
The most popular pricing bracket is between R450,000 to R800,000.
Top photo: Set on a well located stand of 1,784m² in Parys this period house with four bedrooms and three bathrooms includes original features such as wooden floors and a fireplace. It is marketed by Pam Golding Properties at R1,8m.